Focus

Fundamentals

Value Add Opportunities

Helderberg Capital focuses on investing in site-set housing communities that possess a strong current cash flow coupled with a significant value added opportunity. These two components allow Helderberg Capital to deliver above average risk adjusted returns.

Predictable Cash Flow

The MHC sector has historically offered investors a consistent and predictable source of cash flow. One of the primary drivers of this predictable cash flow is a result of resident home ownership and community owner site rent. In an effort to avoid jeopardizing their investment, the resident homeowner is more likely to stay current on rent payments. Additionally for most resident homeowners, it is cost prohibitive to move a manufactured home, resulting in low turnover rates. If and when a resident homeowner needs to relocate, most choose to sell their homes; therefore there is rarely an interruption in monthly site rental payments. These factors, coupled with highly predictable operating expenses, help to ensure a consistent and predictable cash flow.

criteria

Locations

Helderberg Capital invests primarily in the 11 counties that comprise the Capital District of New York State. If the fundamentals of a particular deal work, we are willing to invest outside of this geographic market.

Types

We target manufactured home communities that possess a minimum of 40 sites. We can consider smaller properties if they are located in a close proximity to an existing property or are part of a portfolio.

Characteristics

We look for opportunities to leverage our expertise to reposition and add value to manufactured home communities. Often times this means buying properties that have physical, managerial and financial challenges to overcome.